Chips.gg |🎰 1000+ Slots |🎤 Live Casino |🎲 1% House Edge Dice |🏦 The Vault - page 59.

arallmuus

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Quote from: Bitinity on November 18, 2020, 06:47:14 PM

Quote from: arallmuus on November 17, 2020, 05:23:19 PM

On top of that, The Vault is over $11k profit !

It is now over $19k profit, lucky to those who have locked many chips as they will get nice amount from the profit sharing. Of course it is not something which is stable because it may get down significantly or the opposite.

Yes and currently The Vault is at $2000. It seems some players are winning huge amount recently and personally I like this better than having The Vault at over 20k. Unlike all other casino, everyone can check how much the site is making so it would probably scare some potential players. If The Vault stays around 5-10k profit that would be ideal for the current volume imo.

In long term ,the house would win so in the end of the day as long as there are significant wagered volume in the site then everyone would keep on enjoying that profit share.

Quote from: Bitinity on November 18, 2020, 06:47:14 PM

I'm a bit confuse with this event because of this sentence "you could win a cash prize for all of your winnings dice rolls! Every bet will count as a wager". Is it wagering contest or something like contest for having more winning amount on the dice rolls? But looking at the leaderboard, it is supposed to be wagering contest.

It is a wager contest and all wagers count as long as it is on dice game.

Quote from: sana54210 on November 19, 2020, 07:53:16 AM

for now chips is not listed anywhere so safe to say we just collect dividends only.

Yes and they dont have the plan yet for now. Enjoy the profit share

sana54210

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Quote from: beerlover on November 16, 2020, 01:09:21 PM

^We had something (remotely) similar in earnbet as well where people wagered to get a token but the moment price really crashed and burned was when it was listed on binance and how you could just get it and get paid dividends.

People assumed everyone would buy it to get dividends like crazy and price would go up, but it turns out there were more people who were interested in selling and getting out right away instead of trying to wait for dividends so price crashed.

I feel the same way for this idea as well, don't get me wrong as a casino chips is one of the most entertaining ones I had pleasure gambling, but the price of one chip would crash if there was a way to exchange it to eth/btc or any other pair since people would rather get money today instead of waiting.

I do understand both parties in that type of scenario. If you would like to wait and get dividends forever as long as you can that means you are going to eventually make your loss back and on top of that you will keep the tokens and on top of that you will keep making dividend as well so you are not going to have any problems, sure maybe it will take 3-5 years or maybe just 3-5 months and that is the risk you take here, but it is not a bad idea.

However, I also understand people who just take the money away and just use that for some other investment, or maybe they just cash it out and redeposit it for gambling? These are all possible stuff and I can't argue about which one is right or which one is good, for now chips is not listed anywhere so safe to say we just collect dividends only.

Betwrong

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Activity: 3374

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I stand with Ukraine.

Quote from: serjent05 on November 17, 2020, 11:02:14 AM

Quote from: Betwrong on November 17, 2020, 04:53:35 AM

~

Well, better luck next time. as long as the slot is spinning, who knows, probably you will be one of the winners on next event.

Thank you for the good wishes!

On my part, I do wish you to be one of the top winners in upcoming events!

As for me, I will stay away from slots for at least two months(starting 2 days ago). This is my strategy for avoiding losing more than I can afford to lose, and for avoiding addiction: if in one day I lose to slots the amount I can only afford to lose in 2 months - I don't play slots for 2 months, starting right after the loss.

Bitinity

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Quote from: arallmuus on November 17, 2020, 05:23:19 PM

On top of that, The Vault is over $11k profit !

It is now over $19k profit, lucky to those who have locked many chips as they will get nice amount from the profit sharing. Of course it is not something which is stable because it may get down significantly or the opposite.

Quote from: serjent05 on November 18, 2020, 05:40:56 PM

Well, I looked at the competition board and the competition is already tight Grin

. I might be a fan of dice game but I like slots more, honestly.

I'm a bit confuse with this event because of this sentence "you could win a cash prize for all of your winnings dice rolls! Every bet will count as a wager". Is it wagering contest or something like contest for having more winning amount on the dice rolls? But looking at the leaderboard, it is supposed to be wagering contest.

serjent05

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Get $2100 deposit bonuses & 60 FS

Quote from: arallmuus on November 17, 2020, 05:23:19 PM

Quote from: serjent05 on November 17, 2020, 11:02:14 AM

Cool multiplier, it seems I missed the previous multiplier race of chips since I am busy doing something else Grin

.

Care to try some new event? Wager race on dice, minimum $0.2 . Try some classic dice ifor the change of pace Tongue

Well, I looked at the competition board and the competition is already tight Grin

. I might be a fan of dice game but I like slots more, honestly.

Quote from: arallmuus on November 17, 2020, 05:23:19 PM

On top of that, The Vault is over $11k profit !

Seem Chips goes back to the profit track again! Nice to see the vault at positive again even though its BTC is in negative.

darewaller

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Activity: 2926

Merit: 640

Quote from: arallmuus on November 15, 2020, 05:52:46 PM

unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked .

Having these type of ownership situation for the gamblers will always yield some return in marketing sense. I wouldn't know how much it would profit the casino creators or how much it would help the people who wager, but at the end of the day I know that it would be good marketing and maybe that is why chips started this good and already has this many people in it. Because in the end, if you end up gambling and losing 10k dollars here, you could get a ton of chip and you could just hope for the best and collect your profits and with that maybe you can make your money back, sure it would take a very long time but it is making that money back.

Where else can you gamble and lose your money and slowly make it back without doing anything? There are no single other place AFAIK.

arallmuus

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Activity: 2562

Merit: 1414

Quote from: beerlover on November 16, 2020, 01:09:21 PM

^We had something (remotely) similar in earnbet as well where people wagered to get a token but the moment price really crashed and burned was when it was listed on binance and how you could just get it and get paid dividends.

It actually breaks down the unique purposes of this kind of 'token' if it is listed in some exchange. I like how things are with chips and I have read this in telegram chats that they dont have the plan to list it on exchange ( atleast not for now ) so its all good.

Quote from: beerlover on November 16, 2020, 01:09:21 PM

but it turns out there were more people who were interested in selling and getting out right away instead of trying to wait for dividends so price crashed.

People definitely love instant cash more than site's profit divident

Quote from: serjent05 on November 17, 2020, 11:02:14 AM

Cool multiplier, it seems I missed the previous multiplier race of chips since I am busy doing something else Grin

.

Care to try some new event? Wager race on dice, minimum $0.2 . Try some classic dice ifor the change of pace Tongue

On top of that, The Vault is over $11k profit !

serjent05

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Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: SiNeReiNZzz on November 17, 2020, 02:14:41 AM

Well, with my 132x multiplier I only took 44th place in the competition... Roll Eyes

But better than nothing... Cool

Cool multiplier, it seems I missed the previous multiplier race of chips since I am busy doing something else Grin

. I might play again this coming day. Hopefully, I got a good luck like yours Cheesy

. I Will post here if I get a good multiplier and will update if not Grin

.

Quote from: Betwrong on November 17, 2020, 04:53:35 AM

Quote from: SiNeReiNZzz on November 17, 2020, 02:14:41 AM

Well, with my 132x multiplier I only took 44th place in the competition... Roll Eyes

But better than nothing... Cool

~img

Congrats, mate!

I can see that you were quite lucky in the recent days. 349x 2 days ago, and now 132x.

I also tried to get something from the "362x Multiplier race", but luck wasn't on my side yesterday. I ended up on the 73th place

losing 80% of my balance in the process. More than $40, big money for me. But, on the other hand, I won that money on chips's slots earlier. So, I haven't lost a penny of my own money, and had tons of fun rolling those slots. Grin

Well, better luck next time. as long as the slot is spinning, who knows, probably you will be one of the winners on next event.

SiNeReiNZzz

legendary

Activity: 1022

Merit: 1043

αLPʜα αɴd ΩMeGa

Quote from: Betwrong on November 17, 2020, 04:53:35 AM

Quote from: SiNeReiNZzz on November 17, 2020, 02:14:41 AM

Well, with my 132x multiplier I only took 44th place in the competition... Roll Eyes

~

Congrats, mate!

I can see that you were quite lucky in the recent days. 349x 2 days ago, and now 132x.

I also tried to get something from the "362x Multiplier race", but luck wasn't on my side yesterday. I ended up on the 73th place
~
losing 80% of my balance in the process. More than $40, big money for me. But, on the other hand, I won that money on chips's slots earlier. So, I haven't lost a penny of my own money, and had tons of fun rolling those slots. Grin

Thank you!

Yes, if you look at it that way, I am not bad at Chips.gg until now... After the 132x muliplier, I had a 96x multiplier with 0,30$ bet! Cheesy

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: SiNeReiNZzz on November 17, 2020, 02:14:41 AM

Well, with my 132x multiplier I only took 44th place in the competition... Roll Eyes

But better than nothing... Cool

~img

Congrats, mate!

I can see that you were quite lucky in the recent days. 349x 2 days ago, and now 132x.

I also tried to get something from the "362x Multiplier race", but luck wasn't on my side yesterday. I ended up on the 73th place

losing 80% of my balance in the process. More than $40, big money for me. But, on the other hand, I won that money on chips's slots earlier. So, I haven't lost a penny of my own money, and had tons of fun rolling those slots. Grin

SiNeReiNZzz

legendary

Activity: 1022

Merit: 1043

αLPʜα αɴd ΩMeGa

Well, with my 132x multiplier I only took 44th place in the competition... Roll Eyes

But better than nothing... Cool

beerlover

legendary

Activity: 3052

Merit: 1188

^We had something (remotely) similar in earnbet as well where people wagered to get a token but the moment price really crashed and burned was when it was listed on binance and how you could just get it and get paid dividends.

People assumed everyone would buy it to get dividends like crazy and price would go up, but it turns out there were more people who were interested in selling and getting out right away instead of trying to wait for dividends so price crashed.

I feel the same way for this idea as well, don't get me wrong as a casino chips is one of the most entertaining ones I had pleasure gambling, but the price of one chip would crash if there was a way to exchange it to eth/btc or any other pair since people would rather get money today instead of waiting.

DarkStar_

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Activity: 2772

Merit: 3284

Quote from: SquirrelJulietGarden on November 15, 2020, 08:32:34 PM

Quote from: arallmuus on November 15, 2020, 05:52:46 PM

Secondly unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked . As for now, The Vault has over $18k on it which means they are going to give around $9k back ( $4500 for the team and players who staked their chips will get $4500 ).

One chip has a value of $45. You can visit the Vault page and see the value of one chip at bottom right corner.
https://chips.gg/games/home?modal=Vault&tab=tokenomics

$45 is a little rise from $43 for one chip in September.

That's not the value of a chip, but rather how much you need to wager in order to get one. Since Chips has a 1% house edge dice game, the lowest cost to get one at the moment is $0.45. I don't know what a good way to figure out the value of a chip since they can't be traded (yet anyways).

SquirrelJulietGarden

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Activity: 1442

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Quote from: arallmuus on November 15, 2020, 05:52:46 PM

Secondly unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked . As for now, The Vault has over $18k on it which means they are going to give around $9k back ( $4500 for the team and players who staked their chips will get $4500 ).

One chip has a value of $45. You can visit the Vault page and see the value of one chip at bottom right corner.
https://chips.gg/games/home?modal=Vault&tab=tokenomics

$45 is a little rise from $43 for one chip in September.

Quote from: arallmuus on September 25, 2020, 04:32:58 PM

No, Vault in chips.gg and stake.com are totally different. In stake, it serves no other purposes except to keep your funds locked in.

The Vault on chips.gg distribute 50 % of the house profit every 12 hours to everyone that locked their 'chips' onto The Vault based on the percentage of the total locked 'chips' on The Vault

To get the 'chips' , you have to wager and currently every $43 wagered will give you 1 chips

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: lixer on November 15, 2020, 03:07:18 PM

It is easy to say they are not profiting all the time, but when you look overall they are not really doing bad neither, overall they are profiting on average and that is what matters when you compare it to other places.

Some players actually (almost) drained out The Vault weeks ago . Its hard to compare chips.gg with another site. First of all, Chips has only been live for less than 6 months so the wagered amount could be lower than another established old website.

Secondly unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked . As for now, The Vault has over $18k on it which means they are going to give around $9k back ( $4500 for the team and players who staked their chips will get $4500 ).

Quote from: lixer on November 15, 2020, 03:07:18 PM

chips knows this and cares about the customers more than any other place I have seen.

Exactly this !

lixer

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Activity: 2688

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Quote from: arallmuus on November 14, 2020, 06:49:01 PM

Quote from: lixer on November 14, 2020, 12:17:24 PM

Chips.gg has been giving away sooooo much to people and after giving away that much if they are still profiting this is bad look on for all other casinos, never seen any place that does marketing this wide and frequent.

Well chips isnt profiting all of the time. The Vault has been having some great swings this week. Few days ago it was down to less than 3k and now it goes back to up 15k. It is always nice to have winners on site, so come and Break The Vault

It is easy to say they are not profiting all the time, but when you look overall they are not really doing bad neither, overall they are profiting on average and that is what matters when you compare it to other places. If chips can give away this much money, do this much marketing to get heard, and also have competitions and promotions that ends up still not making them lose a ton of money, that sort of means other casinos could have done the same thing so far and they just wanted to make a lot more profit instead of trying to give back some of that to gamblers who built those websites.

If gamblers do not gamble on your casino, you would be just an empty website with no purpose, gamblers make it a proper casino and chips knows this and cares about the customers more than any other place I have seen.

jostorres

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Activity: 2562

Merit: 586

Quote from: serjent05 on November 11, 2020, 04:39:53 PM

Good to see couple enjoying their time in gambling. Though I hope it won't go far to gambling addiction. I admire how you both supported each other since in my country, it is seldom to see couple supporting each other in gambling. Either the wife getting so frustrated because her husband has all his time in gambling or vice versa which often times resulted in a broken family.

Well, we have seen a lot of those type of couples, one of them (usually the husband) gambles a lot of money and the wife is usually mad at him for gambling their money. The problem there is usually not the act of gambling itself but the act of spending more money than he should from households income without letting your spouse know.

Let's assume you make 1000 dollars a month and you spend 60 dollars of it, 30/30 between you and your wife and never spend a single dollar more, if you spend it on day 1 of that month you are done for the month but if you can hold out you can even win and make it bigger for next month, what is there to be upset about?

However let's assume you make 1k per month but spend 300-400 dollars of it on gambling without asking your spouse, and have to tell them you lost, isn't that horrible? So, it is not the gambling that is the problem there, it is auto-control and trust.

arallmuus

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Quote from: SiNeReiNZzz on November 14, 2020, 11:51:23 AM

Yes you're right, mate! Wink

I certainly don't spend $10 to receive12 FreeSpins.
I have only played with a $0.10 bet... and made a 349x win! Grin

Well too bad though, if it was $0.2 bet you probably would have gotten into the leaderboard and taking the first place for now for an extra of $320 cash Tongue

. I got 177x in Money Train 2 base game without hitting any scatters at all , too bad I ended up not making it into leaderboard as well because I had 0.1 as my base bet

This hasnt been announced yet in bitcointalk so here ya go. Its ending on Tuesday 8.00 am and $0.2 minimum bet

Quote from: lixer on November 14, 2020, 12:17:24 PM

Chips.gg has been giving away sooooo much to people and after giving away that much if they are still profiting this is bad look on for all other casinos, never seen any place that does marketing this wide and frequent.

Well chips isnt profiting all of the time. The Vault has been having some great swings this week. Few days ago it was down to less than 3k and now it goes back to up 15k. It is always nice to have winners on site, so come and Break The Vault

lixer

hero member

Activity: 2688

Merit: 588

Doing marketing amazingly, doing promotions amazingly, adding new games and new providers with tons of games, competitions, rewards... This casino is just full on attack against every single casino out there. I don't know how feasible it is or how much profit they are making because if chips.gg is not losing money right now and bleeding out cash like crazy just to grab some customers, and on contrary makes a profit, that just means that all other casinos we have seen so far made profits like crazy and never shared anything with us.

Chips.gg has been giving away sooooo much to people and after giving away that much if they are still profiting this is bad look on for all other casinos, never seen any place that does marketing this wide and frequent.

SiNeReiNZzz

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αLPʜα αɴd ΩMeGa

Quote from: panjul07 on November 14, 2020, 11:10:25 AM

Quote from: arallmuus on November 14, 2020, 10:34:59 AM

Quote from: SiNeReiNZzz on November 13, 2020, 10:05:05 PM

-sniped-

Solid win, is this bonus buy? thats a solid 3x from bonus buy. Curse of Werewolf Meagaways is pretty bad sometimes. If you want to play similar slot like this one, try Buffalo Hunter (Left side bonus)

He said he won it with $0.1 bet so I think he got the free spins without buy bonus feature, otherwise he should say that he won it with $10.
No matter it was 3x or 300x, it is still a nice win obviously. I tried that game many times in many sites but I havent hit any payout more than 200x in normal spin without bonus buy.

Yes you're right, mate! Wink

I certainly don't spend $10 to receive12 FreeSpins.
I have only played with a $0.10 bet... and made a 349x win! Grin

Quote from: babygun on November 14, 2020, 11:17:58 AM

~
Congrats with the win Sinereinzz, a 349x multiplier is not bad at all! I got the impression with those extreme volatility slots such as money train that even if you got into the bonus game, you still can get a very low multiplier. I am more a fan of low to medium volatility slots such as Back to Venus where you get regular wins in the base game. Reached the bonus round also a few time in that slot, but didn't manage to get a high multiplier.

Thank you!

Topic: Chips.gg |🎰 1000+ Slots |🎤 Live Casino |🎲 1% House Edge Dice |🏦 The Vault - page 59. (Read 24304 times)